Royal Bank Of Canada Issues Pessimistic Forecast for Colliers International Group (NASDAQ:CIGI) Stock Price

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) had its price target dropped by Royal Bank Of Canada from $155.00 to $140.00 in a report issued on Thursday, Benzinga reports. The firm currently has an “outperform” rating on the financial services provider’s stock. Royal Bank Of Canada‘s price target would suggest a potential upside of 47.66% from the company’s previous close.

Several other equities research analysts have also recently commented on the company. Scotia cut their price target on Colliers International Group from $150.00 to $145.00 and set a “sector outperform” rating for the company in a research note on Friday, July 31st. BMO Capital Markets reissued an “outperform” rating on shares of Colliers International Group in a research note on Thursday, September 24th. Scotiabank cut their price objective on shares of Colliers International Group from $145.00 to $130.00 and set a “sector outperform” rating for the company in a research report on Wednesday, October 28th. Weiss Ratings restated a “hold (c-)” rating on shares of Colliers International Group in a research note on Tuesday. Finally, National Bank Financial lowered their target price on shares of Colliers International Group from $110.00 to $109.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $140.71.

Colliers International Group Stock Performance

NASDAQ:CIGI traded down $1.21 during mid-day trading on Thursday, reaching $94.81. 167,732 shares of the stock were exchanged, compared to its average volume of 211,267. The stock has a market capitalization of $4.84 billion, a P/E ratio of 66.77 and a beta of 1.18. Colliers International Group has a 1 year low of $83.21 and a 1 year high of $153.87. The company has a 50 day simple moving average of $92.91 and a 200-day simple moving average of $103.49. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 1.61.

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) last issued its quarterly earnings data on Wednesday, November 4th. The financial services provider reported $1.97 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.03. The company had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.67 billion. Colliers International Group had a return on equity of 20.17% and a net margin of 1.81%. The firm’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.64 earnings per share. Analysts anticipate that Colliers International Group will post 6.89 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Trust Co. of Vermont acquired a new stake in Colliers International Group in the 2nd quarter valued at about $36,000. Global Retirement Partners LLC acquired a new stake in shares of Colliers International Group in the second quarter valued at approximately $44,000. Tacita Capital Inc acquired a new stake in shares of Colliers International Group in the second quarter valued at approximately $67,000. Nykredit A S purchased a new position in shares of Colliers International Group during the 2nd quarter worth approximately $84,000. Finally, Callan Family Office LLC purchased a new position in shares of Colliers International Group during the 2nd quarter worth approximately $228,000. Institutional investors and hedge funds own 80.09% of the company’s stock.

Key Colliers International Group News

Here are the key news stories impacting Colliers International Group this week:

• Positive Sentiment: National Bank Financial raised its price target to $122 from $109 and reiterated an “outperform” rating, indicating continued confidence in Colliers’ potential. National Bank Financial forecast
• Negative Sentiment: Royal Bank of Canada cut its target to $140 from $155 but kept an “outperform” rating. Raymond James lowered its target to $150 from $160 while maintaining “strong buy”; Stifel Nicolaus also reduced its target to $150 from $155 but retained “buy.” These target reductions signal more cautious valuation assumptions, though all targets remain above the recent share price. RBC price target update Raymond James price target update
• Negative Sentiment: Scotiabank trimmed its EPS forecasts to $6.86 for FY2026 from $6.90 and $7.70 for FY2027 from $7.87. It maintained a “Sector Outperform” rating and $130 target, but lower earnings expectations are a modest headwind.

Colliers International Group Company Profile

Colliers International Group Inc is a global professional services and investment management company focused on commercial real estate and related business services. The company serves corporate, institutional and private clients through a broad platform that includes leasing, capital markets, valuation and advisory services.

Its other activities include property, facilities and project management, engineering and consulting services, and real estate investment management. These services are designed to help clients manage, develop, lease, acquire and dispose of commercial properties and portfolios across a range of sectors.

Colliers operates across the Americas, Asia Pacific and Europe, the Middle East and Africa through a combination of company-owned operations and affiliated offices.